Dai (DAI) is currently priced at $0.999923, exhibiting a slight 24-hour change of 0.03536%. The daily range has been tight, with a high of $1.001 and a low of $0.998865, reflecting its stability as a stablecoin.

Volume has reached 53,472,620, which equates to a Vol/Market Cap ratio of 1.29%, indicating moderate trading activity relative to its market capitalization. The hourly moving averages suggest a neutral trend, with the 8 SMA at $1.0000 showing a slight decline of -0.01%, while longer-term SMAs indicate stability around the $0.9999 to $1.0000 range.

The 1-hour RSI is currently at 51, and the 7-day RSI also sits at 51, indicating a balanced momentum without overbought or oversold conditions. Price changes over the last week have shown an increase of approximately 0.0304%, while the 14-day change reflects a decline of -0.0589%, highlighting some recent volatility.

Dai's all-time high remains at $1.22, reached in March 2020, which suggests that while it is a stablecoin, there is historical potential for price movement. The relatively tight daily range and stable volume indicate that DAI is maintaining its peg to the US dollar effectively.

Given the current data, including the stable price action and neutral RSI levels, Dai is positioned well as a stable store of value. Therefore, the rating for DAI is a Hold, as it is functioning effectively as a stablecoin without significant upward or downward pressure expected in the immediate term.